ES Journal - 2019/2020

Discussion in 'Journals' started by Buy1Sell2, Dec 19, 2018.

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  1. Agreed, @Buy1Sell.

    Assuming Trump isn't struck very hard and immobilized it can turn out very well for him. Boris Johnson was hit quite hard though. A similar fate for Trump should not turn out positive (for him)...

    For all we know - the picture I posted may have an element of truth in it.
     
    #29311     Oct 2, 2020
    Buy1Sell2 likes this.
  2. It’s common knowledge disease can be overcome. I don’t think anyone but his most devout followers consider him a strong leader. At this point, I don’t think anything he does can give confidence in his leadership.
     
    #29312     Oct 2, 2020
  3. Buy1Sell2

    Buy1Sell2

    Let's move your comments to the politics section. Thank you.
     
    #29313     Oct 2, 2020
  4. Market is holding up pretty well. RTY almost back to even....very strong.
    Since the morning rally, and then the retracement....man, we've gone choppy....big time.
     
    #29314     Oct 2, 2020
  5. vanzandt

    vanzandt

    The Russell is right under the 50 day.
    I think it might be a decent short at 152.50 (IWM)
     
    #29315     Oct 2, 2020
  6. EON Kid

    EON Kid

    Pelosi vows more support for airlines, asks carriers to hold off on furloughs

    3400 next
     
    #29316     Oct 2, 2020
  7. Of course ... this market is drunk on cheap money and more stimulus.
     
    #29317     Oct 2, 2020
    EON Kid likes this.
  8. EON Kid

    EON Kid

    ...and loaded with short stops?
     
    #29318     Oct 2, 2020
  9. trdes

    trdes

    Looks like I missed a good day to trade. I don't understand all this political talk, I mean are you really taking trades based on this information and if so how do you derive any type of consistent and constant measurable advantage from looking / trading the news?

    I just don't personally see it that way, I mean we were already discussing yesterday how the larger charts were in a difficult position to have sustained up moves, so looking for news to justify a down move, doesn't serve much purpose particularly for day trading.

    If you're a longer term investor, I could see factoring in the news and adjusting your holdings would make a little more sense, but even than it can become difficult.
     
    #29319     Oct 2, 2020

  10. You shouldnt, but a lot do. I was watching the charts when that big downtrend happened after Trump announced he had COVID. However, at the time I had no clue about the news and was just watching based on price action.

    News/earnings and whatever else is normally factored into the price before anything ever comes out. By the time news has reached the masses its already been implemented into the price.
     
    #29320     Oct 2, 2020
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